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05/12/2023

President Biden to Meet Congressional Leaders on Debt Early Next Week

Aides have started to discuss ways to limit federal spending

Next week, President Joe Biden is expected to meet with Republican House Speaker Kevin McCarthy and other congressional leaders early next week to resume budget negotiations and resolve a looming default on the nation's debt, White House spokesperson Karine Jean-Pierre said on Friday.

The leaders had canceled a planned meeting on Friday to let staff continue to discuss.

Pierre told reporters that the staff-level talks, which started on Tuesday, have been "productive," though she declined to provide specifics.

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